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The Effect Of Terrorism In Developing Countries: It’s Significance To Development And Progress
[A CASE STUDY OF NIGERIA]
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Some scholars in
conceptualizing security placed emphasis on the absence of threats to
peace, stability, national cohesion, political and socio-economic
objectives of a country (Igbuzor, 2015; Oche, 2016; Nwanegbo and Odigbo,
2017). Thus there is a general consensus in the contemporary literature
that security is vital for national cohesion, peace and sustainable
development. It is therefore apparent that national security is a
desideratum, sine qua non for economic growth and development of any
country (Oche, 2016). The areas affected by the Boko Haram insurgency
have been devoid of virtually all economic activities. In the
intelligence community there is a consensus that security is not the
absence of threats or security issues, but the existence of a robust
mechanism to respond proactively to the challenges posed by these
threats with expediency, expertise, and in real time.
Political,
economic and social insecurity of a country encompasses all development
goals and issues being the root of the issue and the solution.
Addressing issues of terrorism is crucial in order to execute successful
development projects. As a goal, it believed that every country should
aspire to reach a point of security by protecting its citizens from
structural violence, crime, and social insecurity. Indeed, without the
safety of citizens, all plans for development, whether economic,
political or social, will fail. Terrorism is a phenomenon that is
bedevilling Borno State and it affects policies and development. Any
nation striving towards development must reduce the frequency of crime
to the barest minimum.
1.2 STATEMENT OF THE PROBLEM
The emergence
of Boko Haram insurgency has introduced a terrorist dimension, hitherto
unknown, into the criminal space in Nigeria. Series of bombings have
been carried out by the sect, as well as taking hostage of innocent
citizens. Even the United Nations Building in Abuja was not spared in
the bombing spree(Ewetan,2018). In rich as well as poor countries,
terrorism exerts a heavy toll on national economies. It is inevitable
that the economic impact of terrorism would be more felt in
unsophisticated mono-cultural low-income economies than they would be
felt in highly advanced, diversified industrial economies(Ewetan,2018).
Therefore, the continued rise in terrorism activities in the country, if
not checked, may result in greater investor apathy for the country and
resulting in low inflow of Foreign Direct Investment (FDI), and would
make institutional investors look for other stable economies to invest
their money. On the state of the country, when people feel insecure,
their appetite to invest, to buy or rent from the product of investment
reduces; and that is why all over the world, any country that radiates
an environment of insecurity naturally repels investment initiatives
from both the international community and its own local investors.
Hence, terrorism is a threat to the economic, political and social
security of a nation and a major factor associated with
underdevelopment; because it discourages both local and foreign
investments, reduces the quality of life, destroys human and social
capital, damages relationship between citizens and the states, thus
undermining democracy, rule of law and the ability of the country to
promote development (Adebayo, 2015). However, the researcher is
analyzing the effect of terrorism in developing countries: it’s
significance to development and progress.
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ABSRACT - [ Total Page(s): 1 ]This study was carried out to examine the effect of terrorism in developing countries: it’s significance to development and progress a case study of Nigeria. Specifically, the study examined the effect of terrorism on the economic development of Nigeria. The study also examine the activities of the terrorist groups in Nigeria from 2012 to 2021.identify the factors that led to the emergence of the Boko Haram terrorist group in Nigeria 2012 to 2021. lastly, the study investigate how terrori ... Continue reading---
